Arthur Staple of Newsday is reporting the deal to be worth $11 million.
The Islanders acquired Clutterbuck, who was a restricted free agent, from the Minnesota Wild on June 30 in a trade Nino Niederreiter. Clutterbuck is 25 years old and has 110 points in 346 career NHL games, all with the Wild.
Clutterbuck, who played junior hockey with Islanders center John Tavares, had 10 points and a Minnesota team-high 155 hits in 42 games in 2012-13. He had two points in five games in the 2013 Stanley Cup Playoffs.
I first met him when I was 19 years old and he coached me for 13 consecutive years. I don't know how many athletes who have had that pleasure. Al Arbour was a man that left us not only feeling like champions, but left us with a lot of great memories that we can carry on through life.
— Islanders Hall of Fame defenseman Denis Potvin on former coach Al Arbour, who passed away Friday at the age of 82